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Bearish
$BTC rejecting from 28,5 area still expecting retest of 22k and form a falling wedge expecting slow bleed till nov dec then reversal after 23k 21k test
$BTC rejecting from 28,5 area still expecting retest of 22k and form a falling wedge expecting slow bleed till nov dec then reversal after 23k 21k test
$BTC Macro Elliott wave count 3D Currently we completed 1st wave of the cycle 🚲 31k area now 2nd wave corrective wave going on now in abc bounce b wave going 28k area after that if not close above 29k we can see drop to 21k 20k area c wave This is the last Dip before bull market begins 3rd wave Target 48k 52k area after halving Key point about New low? View as per no less very less probability for that Bcz bear market over in 2022 this is pre bull market phase 2023 If we compare market reduce in xx gain in every cycle also drop reduce too 2015 86% drop 2017 84% drop 2022 78% In pre bull cycle 2019 did 3x Peak of bull market 2021 20x Reduced compare to 2017 Right now 2023 pre bull market Run 2x 16k to 31k Bull market expectations 5x 6x from low 85k 95k area is near top #ETH #BTC
$BTC Macro Elliott wave count

3D Currently we completed 1st wave of the cycle 🚲 31k area now 2nd wave corrective wave going on now in abc bounce b wave going 28k area after that if not close above 29k we can see drop to 21k 20k area c wave

This is the last Dip before bull market begins

3rd wave Target 48k 52k area after halving

Key point about New low? View as per no less very less probability for that

Bcz bear market over in 2022 this is pre bull market phase 2023

If we compare market reduce in xx gain in every cycle also drop reduce too

2015 86% drop
2017 84% drop
2022 78%

In pre bull cycle 2019 did 3x

Peak of bull market 2021 20x

Reduced compare to 2017

Right now 2023 pre bull market Run 2x 16k to 31k

Bull market expectations 5x 6x from low

85k 95k area is near top

#ETH #BTC
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